Monday May 02, 2016
How Dodgy Dave's Government is now actually stealing your money to lie to you about Brexit
Is everyone in Wales mainlining State support? Can they even wipe their own arses?
As a supporter of Brexit I pray " can President Obama come over and try to bully us to stay again"

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Sefton November Output – The Usual Spin: Company still heading for the rocks

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- Tom Winnifrith

AIM listed penny dreadful oil producer Sefton Resources (LSE:SER) has released November output numbers which it seems to think are good but as ever the reality is rather different. The bottom line is that this company should be issuing a profits (or lack of them) warning. And of course that it will be out of cash ( and with debt still to clear) by very early next year. My target price for the shares remains 0.01p – the stock closed at a share price of 1.18p today.

The company states that output (before adjustments) was 119 bopd in November. At one level I have to commend Sefton for increased disclosure. Yes I am being complimentary.

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